Statements (27)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:paradox
probability theory concept |
| gptkbp:citation |
philosophy of probability
economics literature |
| gptkbp:describes |
a lottery with infinite expected value
|
| gptkbp:example |
decision theory problem
|
| gptkbp:field |
gptkb:probability_theory
economics |
| gptkbp:firstDescribed |
1713
Nicolaus Bernoulli |
| https://www.w3.org/2000/01/rdf-schema#label |
St. Petersburg paradox
|
| gptkbp:influenced |
modern utility theory
|
| gptkbp:involves |
infinite series
coin toss game infinite expected payout |
| gptkbp:namedAfter |
gptkb:St._Petersburg_Academy_of_Sciences
|
| gptkbp:popularizedBy |
gptkb:Daniel_Bernoulli
1738 |
| gptkbp:relatedTo |
expected value
risk aversion utility theory |
| gptkbp:solution_involves |
logarithmic utility
|
| gptkbp:solution_proposed_by |
gptkb:Daniel_Bernoulli
|
| gptkbp:bfsParent |
gptkb:Niklaus_Bernoulli
gptkb:Nikolaus_Bernoulli gptkb:Zug-Paradoxon |
| gptkbp:bfsLayer |
8
|